Pages:
Author

Topic: Betcrypto.cr bankroll idea| thinking on opening our bankroll for investors $400k - page 3. (Read 385 times)

legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
it's a good idea but unfortunately you won't be able to get the funds easily especially with a cooperation agreement, the most important thing in this forum is reputation and you are a beginner in the forum of course it will be difficult to make your idea come true, I think you should implement with the funds you have in your bankroll, $28k in revenue is good enough for a decentralized casino with no KYC especially since your site has regular customers. I haven't tested anything on your site, good luck getting you investors  Wink
copper member
Activity: 239
Merit: 8
Quote
Hi we are thinking on starting a fundraise to increase our current bankroll we have $500k but we know our site is going to get huge fast because we are going to be 100% KYC free and available worldwide.

How is this possible? Non-KYC gambling businesses aren't allowed in many countries. What if your casino get banned by the Internet Service Providers in those countries? What if you have problems with the authorities because you aren't imposing KYC policies?
I doubt that anyone would invest money in your casino, because the risk of the authorities trying to shut down your gambling business cannot be neglected.
"Getting huge fast" just because you are KYC free doesn't seem realistic to me. Do you plan to grow your casino without any marketing budget? Do you plan to advertise on Bitcointalk?


Well, we are from Costa Rica and we are not required to ask for KYC , if the casino gets ban by the Internet Service Providers in those countries the players can use a VPN Wink we are VPN friendly

We are not going to get any problem from the authorities because our laws don't require us to ask for KYC

Also, nobody can shut us down our servers are in Costa Rica and our domain is from Costa Rica we are 100% legal following Costa Rica gambling laws

Mark my works we are going to get huge fast because no KYC and we are worldwide available Smiley

Yes we have a marketing budget and we are also planning to advertise the casino on Bitcointalk.
hero member
Activity: 3192
Merit: 939
Quote
Hi we are thinking on starting a fundraise to increase our current bankroll we have $500k but we know our site is going to get huge fast because we are going to be 100% KYC free and available worldwide.

How is this possible? Non-KYC gambling businesses aren't allowed in many countries. What if your casino get banned by the Internet Service Providers in those countries? What if you have problems with the authorities because you aren't imposing KYC policies?
I doubt that anyone would invest money in your casino, because the risk of the authorities trying to shut down your gambling business cannot be neglected.
"Getting huge fast" just because you are KYC free doesn't seem realistic to me. Do you plan to grow your casino without any marketing budget? Do you plan to advertise on Bitcointalk?
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Maybe my advice is to continue what you have started. Even though it seems slow, there is good progress, so if you are still focused, the benefits can also increase.

You have started to have regular customers who can come to your casino to play. And maybe you need to make other promotions to attract more people.

I do not recommend borrowing funds from other people, even if it is a long-term loan because it is risky. I'd rather continue what's working well and keep looking for ways to grow the casino.
copper member
Activity: 239
Merit: 8
I suggest that you start off with the $500k that you already have, promote to your large list of 10,000 users and $1.5m high rollers and increase your bankroll from the success of these two remarkable foundations. You are not an established casino and you don't have a reputation here so I wouldn't risk the development of your reputation by asking to raise such a large amount.

If you are still adamant that you want to find a partner/partners, go to the Long-term offers sub-board of the lending board and create a thread with proof of your statements regarding profit and existing bankroll by signing a message from the cold storage wallet of the casino to prove that these assets are in hand. Maybe you will have a better chance of negotiating a deal with someone if they were to be interested.

I would also recommend offering multi-signature control over what people contribute to the casino to ensure that their funds are safe by having joint control. I believe that your odds might be even higher if you employ this strategy.

Thanks for the suggestions yes right now is just an idea and we know we don't have a reputation on the forum yet.

Yes, i think we can sign a message from our cold storage, and provide proof or last month earnings. 
legendary
Activity: 1708
Merit: 1048
I suggest that you start off with the $500k that you already have, promote to your large list of 10,000 users and $1.5m high rollers and increase your bankroll from the success of these two remarkable foundations. You are not an established casino and you don't have a reputation here so I wouldn't risk the development of your reputation by asking to raise such a large amount.

If you are still adamant that you want to find a partner/partners, go to the Long-term offers sub-board of the lending board and create a thread with proof of your statements regarding profit and existing bankroll by signing a message from the cold storage wallet of the casino to prove that these assets are in hand. Maybe you will have a better chance of negotiating a deal with someone if they were to be interested.

I would also recommend offering multi-signature control over what people contribute to the casino to ensure that their funds are safe by having joint control. I believe that your odds might be even higher if you employ this strategy.
copper member
Activity: 239
Merit: 8
Hi we are thinking on starting a fundraise to increase our current bankroll we have $500k but we know our site is going to get huge fast because we are going to be 100% KYC free and available worldwide.

At this moment we have a list of high rollers $1.5M+ and a list of 10K users who are waiting for the site to get out.

The site is 100% ready (we are just finishing some details with the marketing material) and we have about 500 players without a single ad our official announcement.

Last month the site made $28k profit in just pure random players who got to the site and we have regulars customers who spend on average $1k per week.

We want to raise at least $400k, you can go to the site now and create an account and test everything to see the site is 100% operational

Let me know what you think about this idea we have.
Pages:
Jump to: